GBP/JPY - Ichimoku Short Breakout Trade Setup

Short

British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

trendanalysis chartpattern indicator gbpjpy gbpjpyshort bearish ichimokuclouds ichimokukinkohyo ichimokuforex the808trader forex

We have been moving a bit sideways with this pair so I'm watching for a good breakout of these support or resistance levels we've been pinging around between. If we can get the breakout down below with the news, it could move pretty quickly. I don't want to spend too long a time in this one because I'm unsure it will be a long term swing, so I am aiming for previous structure lows as my Take Profit levels.

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